BOKU awarded an e-money license in EU

BOKU, via its blog announced that the company has obtained regulatory approval for the extension of the BOKU Payments Platform in the European Union in the form of an e-Money license. According to BOKU, this approval has proved that BOKU platform meets the stringent security and regulatory requirements of Financial Service Authority in the UK.

BOKU is a frictionless payment system allowing a mobile phone number to be used as a safe and secure payment instrument in 66 countries through more than 240 carrier partners, connected to merchants such as Facebook, Disney, EA and Zynga.

by Terry Brown

Author: VSDaily Editor

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